Douglas & Cobb County Repossession Lawyer
About Repossession
Receiving a letter in the mail or a phone call notifying you that your vehicle will be repossessed for failure to pay on your loan can be a humiliating and stressful event in anyone's life. Repossession doesn't only occur in respect to auto loans, as it is available as a recourse for any creditor who needs to enforce payment on a debt where there is collateral involved . Car repossession is one of the most common examples of this action, and it can have serious consequences for the debtor.
If your vehicle is being threatened with repossession, you face the prospect of having your money problems worsen very quickly. Losing your car can lead to unemployment if you can't easily commute to work, in addition to the difficulties of trying to keep up with the pace of modern living with no personal transportation. Vehicle repossession is often a precursor to worse financial struggles, such as home foreclosure. If you act fast and speak with a knowledgeable Douglas & Cobb County bankruptcy lawyer, you may be able to prevent repossession and find a route for putting yourself on firmer ground financially.
Preventing Vehicle Repossession
If you file for bankruptcy, your personal possessions will be protected from creditors by an automatic stay. This means that you will have legal protection against such actions as repossession and
creditor harassment, even before you complete
discharging your debt. An attorney from The Faucette Law Firm, LLC will work closely with you throughout the case, because we believe in providing personalized service to our clients. Many of the bankruptcy law firms in the area are really just assembly-line operations, but at our firm you will receive individual attention and the help you need from a real attorney, not from a paralegal or assistant. Our services are affordable and we offer payment plans, because we truly want to make it possible for you to resolve your problems.
Contact a Douglas & Cobb County repossession lawyer
to learn more about what you can do now to protect your family from having your vehicle or other items taken away.